The appellant, Voreon Inc., appealed the dismissal of three applications arising from a business relationship breakdown.
Two appeals concerned real estate developments (Higher Living and Eminence Living) and the interpretation of a Settlement Agreement versus a shareholders agreement regarding promissory notes.
The third appeal (MHH appeal) involved a mortgage's validity, a set-off claim for a promissory note, and the transfer of condominium units.
The Court of Appeal dismissed the Higher Living and Eminence Living appeals, affirming the application judge's finding that the Settlement Agreement superseded the shareholders agreement and discharged the promissory notes.
However, the MHH appeal was allowed in part, remitting the issues of the $64,135 set-off note and the transfer of the parking/storage units to the Superior Court for adjudication, citing unaddressed issues and a palpable error regarding party status.